Selling a light aircraft is a complex process so it can be convenient to select a brokerage service that has a lot of industry experience to guide you through it. There are many brokerage services available so you need to consider a few factors to ensure the reliability of the broker.
It is very important to consider the expertise and experience of the brokerage service.
Do they have specialised knowledge when it comes to light aircraft? They should have a good idea of the regulations that apply to light aircraft along with a good understanding of current market trends. This is what will give them the expertise to navigate the complexities of the sale process. They should have the knowledge to evaluate the value of your aircraft accurately. You can go to their official website to get an idea of the sales team and other professionals involved in the company to get an idea of their qualifications and experience. You also need to have a good network and market reach when it comes to advertising an airplane for sale. You will be able to benefit from a company that has a broad network as you will be able to find a buyer quickly.
Look for a brokerage service
That has a strong online presence and extensive marketing through advertising in many aviation platforms. You will be able to reach interested parties easily when you put your trust in a brokerage service that has a global network. In this situation, you will be able to advertise the aircraft to both local and international clients. Consider the reputation of the company. You can read online reviews and testimonials to get an idea of customer satisfaction and the level of quality maintained in the many services provided. You can ask the company to provide you with references so that you can reach out to their previous client and ask what their experience was like and whether they will be willing to obtain the services of the company again. You should also check whether the service adheres to industry standards so that they work according to a high level of professionalism.
Consider the many services offered by the company.
This will differ from company to company. Also, some companies will offer different packages so that you can select the services you need. The packages will be priced at different levels. The standard service will be to find potential buyers for you but there are brokerage companies that will offer comprehensive services such as legal documentation, marketing, negotiations and escrow management. So you need to decide what your requirements are and which services are convenient. If you have a busy schedule, it can be incredibly convenient to have the brokerage service handle all aspects of the process for you. But if you have the expertise to manage certain parts of the process, you can look into a smaller package with limited services. Check how the brokerage service communicates with you and keeps you updated. There has to be transparency when it comes to the overall sales process including pricing and fees.
